Walmart To Acquire AR Optical Tech Company Memomi
06/29/2022
Walmart announced it is acquiring Memomi, an AR optical tech company and provider of technology designed to enhance virtual optical try-on experiences, helping customers virtually “try on” eyewear in real-time.
Terms of the deal were not disclosed.
Since 2019, Memomi has enabled digital measurements for all Walmart and Sam’s Optical customers, across more than 2,800 Walmart Vision Centers and 550 Sam’s Clubs, and also powers the Optical eCommerce experience on SamsClub.com.
The acquisition is expected to close in the coming weeks, and Memomi employees will join the Walmart Global Tech organization.